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Intraday calls for 24-05-10

Posted on: May 24th, 2010 at 8:19 am

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Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850

Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153
Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225)

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616 Responses

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SunilRao Says:
May 24th, 2010
Posted at: 8:49 am
Good Morning CB, Holding Nifty @ 4925, do you advice to exit at opening? Also what would be the target for Tatasteel today?
CB Says:
May 24th, 2010
Posted at: 8:50 am
Hi samir, they may open slightly higher. keep sl of 1-2%
Hi Lata, Good morning.. it can add 80-100rs today. hold it..
Meghasyam Says:
May 24th, 2010
Posted at: 8:51 am
Thanks CB, i would try to take 5000 call for Intraday then...
Kb Says:
May 24th, 2010
Posted at: 8:51 am
Hi rashid, Most welcome .. :)
CB Says:
May 24th, 2010
Posted at: 8:51 am
Hi SunilRao, Good morning. if nifty is unable to cross 5000, then would advice to exit. tata steel can add 12-14rs
pratik Says:
May 24th, 2010
Posted at: 8:51 am
Cb...cipla tends to perform well in weak markets...but now mkts seem to rise..
so still will it be safe to enter into its futures lot ?sry to question u ...but was having a doubt about mkts?
sanzy Says:
May 24th, 2010
Posted at: 8:52 am
i hav 5000 CE at 41 what to do at the gap up opening...should i sell on opening or wait for sometime...
Kb Says:
May 24th, 2010
Posted at: 8:52 am
Hi SunilRao, GM. . :)
CB Says:
May 24th, 2010
Posted at: 8:52 am
Hi Meghasyam, no, not yet
Hi pratik, its finding good support near 310 levels. dont enter at cmp. enter around 310-311 levels.
CB Says:
May 24th, 2010
Posted at: 8:52 am
Hi sanzy, if nifty is unable to cross 5000 then exit it.
som Says:
May 24th, 2010
Posted at: 8:53 am
Hi CB, why icsa has again slipped to 120 levels from 159 recent?
SunilRao Says:
May 24th, 2010
Posted at: 8:54 am
Thanks Cb.
CB Says:
May 24th, 2010
Posted at: 8:54 am
Hi som, not really sure.
Hi Lata, yes. should see it.
Mayur Says:
May 24th, 2010
Posted at: 8:54 am
Good Morning Sirji, can we go for Indian hotels today...as it rallied quite well in past weeks..50 % value for intra and 50 % for delievery..what is your opinion sir.
?
hari Says:
May 24th, 2010
Posted at: 8:54 am
Hi CB,
How about RNRL for intraday?
Lata Says:
May 24th, 2010
Posted at: 8:55 am
oh grt chirag, thanks ya, thanks a lot, hopefully it is done today......